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Hoboken Introduces Southwest Redevelopment Plan & Seeks to Acquire Land to Expand Southwest Park

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Hoboken Introduces Southwest Redevelopment Plan & Seeks to Acquire Land to Expand Southwest Park
The City of Hoboken is introducing the Southwest Hoboken Redevelopment Plan which envisions a vibrant mixed use urban neighborhood to live, work, and play centered around an expanded Southwest Park. The plan builds on existing uses such as industrial arts, art galleries, and co-working space, creates an environment with more open space and retail amenities, establishes a walkable neighborhood that is safer for all modes of transportation, and preserves and creates jobs. On a parallel track, the City will continue its efforts to acquire through direct purchase nearly an additional acre of property to expand the Southwest Park that is currently under construction. At a special City Council meeting to be held on Wednesday, May 24 at 7:30pm following the Memorial Day parade, the Council will vote on introducing the Southwest Redevelopment Plan and on authorizing an offer to be made for acquisition of Block 10, Lots 1-7, 30-36 based on an appraisal of the property. “Like every other neighborhood, the residents of Southwest Hoboken deserve a decent-sized park as soon as possible, which is why we are trying to directly purchase a second parcel of land that is not connected to or dependent on redevelopment,” said Mayor Dawn Zimmer. “After the direct acquisition of the southern portion of Block 10 takes place and the voluntary implementation of the redevelopment plan is completed, Southwest Hoboken will have a 3.5-acre park similar in size to Church Square Park with retail and other amenities, creating a vibrant neighborhood. The residential density in the plan is no greater than a typical Hoboken neighborhood, especially given the concerns about traffic circulation in the southwest. I thank the Council Community Development Sub-committee Chair David Mello and all of the members of the committee for their hard work creating this plan.” Permitted uses in the redevelopment plan include low-density mixed-use (4 stories residential over ground floor retail), specialized hotel and co-working office space, urban manufacturing/industrial, indoor recreation, microbreweries, neighborhood commercial/retail, and artist studios and galleries. The plan requires that 10% of the total residential units be affordable housing units. The redevelopment plan provides for overlay zoning and is a voluntary plan for all property owners. “This is a plan that will enable this vital Hoboken and regional neighborhood to move forward in its evolution; encouraging appropriate land uses for the area while simultaneously allowing for much-needed open space expansions, road improvements, and other infrastructure enhancements,” said Councilman David Mello, Chair of the City Council Community Development Sub-committee. The City is seeking to directly acquire the southern portion of Block 10 (0.8 acres) to expand the Southwest Park. The redevelopment plan would also allow for the further expansion of the Southwest Park to include the northern portion of Block 10 and the former Marshall Street right of way. This park expansion would be required if residential development were proposed by the property owner of the planned park expansion area. "I welcome this development in the southwest part of Hoboken," said 4th Ward Councilman Ruben Ramos. "In order for our city to continue be the vibrant city that we are, we need to create dynamic neighborhoods for residents that are walkable, have open space and retail/commercial components that can turn the Southwest portion of Hoboken into a destination for everyone to enjoy. When you bring all stakeholders together and truly make the community a part of the process, the end result is a plan for a vibrant and sustainable development of the area.” On May 24th, the City Council will consider an ordinance on first reading to introduce the Redevelopment Plan along with a resolution to send the plan to the Planning Board for review. If the plan is introduced, the Planning Board would then review the plan for consistency with the Master Plan and at the May 31st meeting may adopt a Resolution stating the Board’s determination. The City Council could then hold a public hearing and second reading at the June 7th Council meeting for final adoption of the plan. View the Southwest Hoboken Redevelopment Plan: www.hobokennj.gov/docs/communitydev/Draft-Southwest-Hoboken-Redevelopment-Plan-5-16-17.pdf Links to Other Related Documents Southwest Traffic Improvement Plan: www.hobokennj.gov/swcirculationplan Southwest Park plan: www.hobokennj.gov/swpark Plan to expand the Southwest Park through direct acquisition: www.hobokennj.gov/docs/parks/SW-Park-Expansion.pdf Learn More

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